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This is NOT abusive. I pressed this button by accident.It is spam / self promotion.It is offensive or harmful.It does not contain enough information.It contains or requests illegal information.It does not make sense.

"Normally used in the united states non-judicial foreclosure most lenders use the non-judicial foreclosure..."

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He someone you know should immediately call the current lender and see if they have a program for that will prevent the foreclosure all together. I am sure they have many programs available. They must communicate this financial situation to the lender.
The lender does not know about individual financial situations. The banks are willing to work with you.
Depending on the type foreclosure the lender decide to use, Arizona allow both judicial and non-judicial foreclosures.
Each lender have their own procedures as to when to file a foreclosure against a person that is behind in their mortgage payments. Some file foreclosure immediately after one payment, some as long as 3-9 months after missing your first monthly payment.
There are two types of foreclosures normally used in the United States Non-Judicial Foreclosure Most lenders use the non-judicial foreclosure procedure. No courts or lawyers are involved.
Under this procedure normally the lender has the right to sell the property after completing the foreclosure procedure. The lender, under this procedure can not normally sue for a judgment after the sale. You do not have the right to reclaim the house under any circumstance.
Under a non-judicial foreclosure and the lender has decided to foreclose on you they issue a "Notice of Default/Foreclosure" this document is recorded at the county recorders office where the property is located.
You will receive a copy of this notice in the mail as well as one will be delivered to your front door.
At this point you now have 90 days to bring the mortgage current, refinance the mortgage or do what ever you want to do to keep your property. Your lender might entertain the idea of refinancing your mortgage for you at this stage.
Once the 90 day period is over the lender then decides to record a "Notice of Sale" at the county recorders office. You will receive a copy in the mail as well as someone will deliver one to your front door. This notice will have a sale date and place of sale.
Once this document has been recorded you now have 20 days in which to refinance or cure your foreclosure. Most lenders will not entertain the idea of refinancing their own loan once this document has been issued. Some might, but most will not. At this point the lender is interested in you paying the mortgage off or bringing it current.
At the sale if the property is sold to someone, they have to get the property recorded in their name so there is lots of legal work to be done before they officially own the property.
This new owner will contact you when all the legal documents are signed and between the two of you select a time for you to move. You might be required to pay rent for the time you stay there but this is between you and the new buyer.
If the property does not sell then the lender has to get a few legal matters taken care of so they have to wait until the legal matters are completed. This normally take 5-7 business days or less.
If this happens once all the legal matters are taken care of the lender normally hires a real estate agency to take care of their real estate sales.
An agent from the agency will contact you about the date and time of your departure. In some instances they will offer you a sum of cash for you to move.
If you are not required to go to court and has not received documents from a court stating that you must appear. This is probably the procedure being used by your lender.
Judicial Foreclosure
If the lender decide to use the judicial foreclosure procedure you will be issued a summons to appear in court. The court will set the time and date of appearance as well as when you will have to vacate the property.
If the lender use the judicial foreclosure procedure they are allowed by law to file a deficiency judgment against you.
Most lenders, though the law allow them to file for a judgment do not do so. they would just rather sell the property, write any loss off and move on without other legal problems that might cost them money and then would have to collect on the judgment if they won.
On the other hand the law also allow you the right to reclaim your house after the foreclosure procedure has been completed in some instances any where from three months and in some states up to a year.
If you received a document stating that you have to appear in court and a date for you appearance has been set, your lender is probably using this procedure.
This method of foreclosure is used only by a few lenders where both procedures are allowed.
Under either procedure if the bank can not reclaim the entire loan amount from the sale of the property they claim they have a loss. Since this is a loss to them someone had to have a gain. You are the one considered having the gain, therefore the lender would then send you a 1099 indicating the amount of gain you had.

"Resident alien (based on days present in the united states..."

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And if Joel W was being upfront with his information, I think Joel W. is hoping no one actually reads his link just the parts he posted. (in part)
"Individual Taxpayer Identification Number (ITIN)"
**NEW** Posted December 22, 2009
*Moratorium on NEW Acceptance Agents Applications Starting January 1, 2010
"The Internal Revenue Service (IRS) Individual Tax Identification Number (ITIN) Program is announcing a moratorium effective January 1st through April 30th, 2010 on all new Forms 13551, Application to Participate in the IRS Acceptance Agent Program.
During the moratorium, the IRS will not accept or process Forms 13551, Application to Participate in the IRS Acceptance Agent Program. Only amendments to existing, approved agreements will be accepted during the moratorium. The ITIN Program will resume accepting applications during the new 2010 Acceptance Agent Open Season, effective May 1 through August 31, 2010."
"What is an ITIN?
An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the Internal Revenue Service. It is a nine-digit number that always begins with the number 9 and has a range of 70-88 in the fourth and fifth digit, example 9XX-70-XXXX.
IRS issues ITINs to individuals who are required to have a U.S. taxpayer identification number but who do not have, and are not eligible to obtain a Social Security Number (SSN) from the Social Security Administration (SSA).
ITINs are issued regardless of immigration status because both resident and nonresident aliens may have a U.S. filing or reporting requirement under the Internal Revenue Code.
Individuals must have a filing requirement and file a valid federal income tax return to receive an ITIN, unless they meet an exception.
What is an ITIN used for?
ITINs are for federal tax reporting only, and are not intended to serve any other purpose. An ITIN does not authorize work in the U.S. or provide eligibility for Social Security benefits or the Earned Income Tax Credit. ITINs are not valid identification outside the tax system.
IRS issues ITINs to help individuals comply with the U.S. tax laws, and to provide a means to efficiently process and account for tax returns and payments for those not eligible for Social Security Numbers.
Who needs an ITIN?
IRS issues ITINs to foreign nationals and others who have federal tax reporting or filing requirements and do not qualify for SSNs. A non-resident alien individual not eligible for a SSN, who is required to file a U.S. tax return only to claim a refund of tax under the provisions of a U.S. tax treaty, needs an ITIN.
Examples of individuals who need ITINs include:
* Non-resident alien filing a U.S. tax return and not eligible for a SSN
* U.S. resident alien (based on days present in the United States) filing a U.S. tax return and not eligible for a SSN
* Dependent or spouse of a U.S. citizen/resident alien
* Dependent or spouse of a non-resident alien visa holder
How do I know if I need an ITIN?
If you do not have a SSN and are not eligible to obtain a SSN, but you have a requirement to furnish a federal tax identification number or file a federal income tax return, you must apply for an ITIN.
If you have an application for a SSN pending, do not file Form W-7. Complete Form W-7 only if the Social Security Administration (SSA) notifies you that a SSN cannot be issued.
To obtain a SSN, see Form SS-5, Application for a Social Security Card. To get Form SS-5 or to find out if you are eligible to obtain an SSN, go to Social Security Administration Website or contact a SSA office. By law, an alien individual cannot have both an ITIN and a SSN.
IRS processes returns showing SSNs or ITINs in the blanks where tax forms request SSNs. IRS no longer accepts, and will not process, forms showing "SSA205c," "applied for," "NRA," blanks, etc.
Are ITINs valid for identification?
No. ITINs are not valid identification outside the tax system. Since ITINs are strictly for tax processing, IRS does not apply the same standards as agencies that provide genuine identity certification.
ITIN applicants are not required to apply in person, and IRS does not further validate the authenticity of identity documents. ITINs do not prove identity outside the Federal tax system, and should not be offered or accepted as identification for non-tax purposes.
Are ITINs valid for work purposes?
No. ITINs are for federal income tax purposes only. Getting an ITIN does not change your immigration status or your right to work in the United States."
http://www.irs.gov/individuals/article/0…;
Edit:
I did my research, I read your link and what you posted. I do not see a question about "the base of the economic collapse" Just like when I questioned your fifty foot wall and the fifty one foot ladder postings is that why you are now again defending what you say?
"Notice the Chief said I left after the previous post."
Like your selective posting, you are adding words and ideas to mine that are not there. I invite you to show where I said you left.

"When the foreclosure is over then it is necessary..."

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It depends. If you are targeting a foreclosed property then you have to depend a lot on the bank with which the foreclosed property is associated. After commencement of the process, it generally takes around three to six months to wind up the entire thing. It is completely a legal process where the court is highly involved. When the foreclosure is over then it is necessary that the bank transfers the power of attorney to the buyer of the property and this paper transfer takes around three to six weeks time usually.
Keegan.

"Basically this all procedure of foreclosure rely upon the laws and principles..."

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This question How long to foreclosures take to close, holds much importance in the procedure of foreclosure. Basically this all procedure of foreclosure rely upon the laws and principles of company or bank performing the foreclosure of any property. Mostly banks start foreclosure after 3 nonpayments. It issues the notice to warn the customer about nonpayments, if customer doesn`t react on that notice then bank has to perform auction or foreclosure.

"The answer of this question how long to foreclosures take to close is..."

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I agree with my friend ! the answer of this question How long to foreclosures take to close is, it all depends on law of foreclosure.Bank in fact starts its procedure after 3 or 4 missed payments of mortgage and then warn the person to pay mortgage if person is unable to pay mortgage then bank will take the action and it will be completed within few months. and it also depends on their will either they allow person to live in it or not.thank you.

Usually it`s 3 months of non-payment and they start the proceeding and you have another 3 months before you have to leave. You still need to call and let them know what`s going on. There`s nothing to be embarrassed about because everyone has been late on a bill at least once. For me, it`s been more than once! I`m not sure why the bank is so pushy... maybe they are being a little antsy because the failing economy and forclosures are putting a crunch on them as well. I actually just saw a news article where all the banks in Florida have boats filling their parking lot because everyone is walking away from their loan. It`s just a financial crisis right now in the US of A.

"Foreclosure process is initialized after 90 -..."

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Banks take on foreclosure process from 6 months to 2 years, it depends on your state and your lender.
foreclosure process is initialized after 90 - 120 days from the date your payment is considered late, and this will happen when you miss your next payment and your grace period (usually 15 days) has been expired.
It`s highly recommended to contact with your lender as soon as you know that you are going to miss your next mortgage payment, so that you might get other payment plans.

"A foreclosure process starts after 90 -120 days..."

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Banks foreclosure process might take from 6 months to 2 years, depending on your state laws and your lender.
A foreclosure process starts after 90 -120 days from the date you miss your payment and your grace period expires (usually 15 days).
As soon as you know you will not be able to pay your next mortgage payment, it`s recommended to contact your lender, so that you might get a longer grace period or you might reschedule your payments.

"Generally the foreclosure process takes time from 12 -18 months..."

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The mortgage company foreclosures on the person, depends upon the state where the person live. Generally the foreclosure process takes time from 12 -18 months. They start by sending the notice to the person after 90 days. After that the bank provides a deadline to him so that he pay the loan off. If he is unable to pay, he is taken to the court. The judge will issue the judgement against him for forclosure.
Tim Doubtson.

"About 210 to 270 days in judicial foreclosure..."

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The time taken by the wells fargo depends on the place where the person live. The rules varies from state to state as every state has their own rules. Generally, they take action after 90 days in non- judicial foreclosureand it takes about 210 to 270 days in judicial foreclosure. The person should get more details from the local legal officer.
Jack Powell.